TRI Pointe Homes Inc (TPH)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 982,287 | 844,549 | 1,160,740 | 992,121 | 728,099 |
| Revenue | US$ in thousands | 4,422,670 | 3,715,200 | 4,348,530 | 3,982,240 | 3,260,450 |
| Gross profit margin | 22.21% | 22.73% | 26.69% | 24.91% | 22.33% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $982,287K ÷ $4,422,670K
= 22.21%
TRI Pointe Homes Inc's gross profit margin has shown a fluctuating trend over the past five years. In December 2020, the gross profit margin stood at 22.33%, which increased to 24.91% by December 2021, reflecting improved profitability. Subsequently, in December 2022, the gross profit margin further rose to 26.69%, indicating enhanced efficiency in generating revenue after accounting for direct costs. However, there was a slight decline in profitability by December 2023, with the gross profit margin dropping to 22.73%. The trend continued in December 2024, with the margin decreasing marginally to 22.21%. Despite the fluctuations, efforts to maintain a healthy gross profit margin are crucial for the company's financial performance and competitiveness in the housing market.
Peer comparison
Dec 31, 2024